Is Nexty faster than Bitcoin?

Many Bitcoin users, including me as well, suffer from slow processing operations and high transaction fees in the internal network of the most popular cryptocoin. The recently added Segregated Witness algorithm had to overcome this problem, but, unfortunately, its implementation and massive use by the global Bitcoin community is not happening as quickly as I expected.

I follow the cryptocurrency related news and found out that the biggest exchange service Coinbase announced the introduction of Segregated Witness before the end of February 2018 – such situation didn’t improve all problems existing in the Bitcoin network. Its price is still under $7K per 1 coin. So this is not a panacea. The brand new algorithm Lightning Network is not going to be added any time soon as well.

Still to my surprise Bitcoin remains one of the most trustworthy and popular cryptocoins. I encourage you to test new platforms and use more new coins. For example, try the services offered by the Nexty team. First and foremost, this platform provides absolutely free transactions with one of the highest speed rates – 2 seconds per transaction!

Compare Bitcoin and Nexty blockchains

Let’s concentrate on the main issue in the Bitcoin network - transactions are incredibly long. Many experts believe that in its current state Bitcoin will not stay long at the market. Its actual practical value tends to decrease drastically. This means that Bitcoin transactions will become even longer to be confirmed. IMHO, Bitcoin is also absolutely useless for microtransactions – because sometimes commission fees can exceed the sum of a transactions. How can ecommerce businessmen can benefit of such volatile and expensive coin? Anyone who has ever dealt with Bitcoin can confirm such sad outcome, not just me.

On the other hand, the Nexty is perfect for microtransactions because they are absolutely free and fast. This network is far from the overloading mess of Bitcoin. Very soon you will be able to install the Nexty’s service to your website and accept any money (including BTC and fiat money) via this network. All exchange operations will be free.

How can Nexty help you with daily transactions?

The Nexty platform delivers multiple technological and financial solutions that include:

The stable cryptocoin NTY with low volatility that is good for all kinds of transactions, including the microtransactions and huge transfers;

The major token NTY has been successfully listed on the huge Asian exchange service – IDAX;

The team successfully finished their ICO and have plans to support multiple startups that are currently financially struggling;

The additional token NTF will provide superfast and totally free transactions (including exchange operations) for all users registered on the Nexty platform;

The team has already released the working product – the mobile app for Android devices. You can test how the whole network works thanks to the Nexty Wallet on Android;

Nexty is a revolutionary fintech platform developed by the Vietnamese team of experienced blockchain developers. It can actually help the owners of ecommerce businesses working online. Support the platform while it is still under development.

Boogabear
https://bitcointalk.org/index.php?action=profile;u=1949124